As an analyst with extensive experience in the cryptocurrency market, I’m thoroughly impressed by Bybit’s recent achievement of reaching 30 million registered users. This milestone is a testament to the platform’s commitment to delivering high-quality products and services that cater to the needs of its vibrant global crypto community.
With over 30 million registered users, Bybit ranks among the world’s leading crypto exchanges in terms of trading volume. This significant achievement signifies a prolonged phase of expansion for the Dubai-headquartered trading platform.
Ben Zhou, the Co-founder and CEO of Bybit, expressed his excitement about the company’s progress by saying, “It’s a profoundly humbling achievement to have reached 30 million registered users. This wouldn’t have been possible without the unwavering support and engagement of our dynamic global crypto community.”
Market Share and User Trust Surge
According to Kaiko Research, Bybit’s share in the spot trading market expanded significantly from a 2% slice in 2023 to a noteworthy 9.3% in 2024. This substantial increase underscores Bybit’s robust standing within the cryptocurrency exchange sector. The exchange’s unwavering dedication to security and transparency has played a pivotal role in fueling this growth.
Since 2018, this platform has consistently undergone regular proof-of-reserve audits and maintained a flawless security record, instilling confidence in users. Additionally, receiving a perfect 10/10 Trust Score from CoinGecko and an ‘AA’ rating from the CCData Crypto Exchange Benchmark Report serve as testaments to its trustworthiness.
Bridging the Gap to Web3
As an analyst, I would rephrase it as follows: I’ve observed that Bybit has been at the forefront of driving innovation in the Web3 sphere. In 2024, they broadened their services to include offerings like Airdrop Arcade, NFT Pro, and Inscription Marketplaces. These platforms are designed to streamline user experience and present new opportunities within the Web3 ecosystem.
Bybit recently unveiled new offerings such as the Solana Fiesta and Bitcoin economy livestream, which helped introduce novice users to the expanding ecosystems. The forthcoming debut of Bybit Web3 DEX Pro, fueled by i-SMART data intelligence technology, underscores Bybit’s dedication to equipping contemporary traders and investors with sophisticated resources.
As a dedicated crypto investor and user of Bybit’s platform, I can attest to their unwavering commitment to transforming the cryptocurrency landscape. They continue to prioritize listening to our needs, showing care for our experiences, and constantly striving to enhance their offerings with top-tier products. Through their emphasis on Web3 technology, Bybit is paving the way for greater financial inclusivity in this exciting and evolving industry.
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2024-06-19 21:09